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Imported Petrol Costs N94 Less Than Local Supply – Report

Imported Petrol Costs N94 Less Than Local Supply – Report Imported petrol is now significantly cheaper than locally supplied fuel, with its landing cost undercutting the domestic gantry price by N94.53, according to a report by the Major Energies Marketers Association of Nigeria. This came as...

Dangote, Marketers Clash Over Petrol Price Amid US-Iran Tensions

Dangote, Marketers Clash Over Petrol Price Amid US-Iran Tensions   Amid the escalating tensions in the Middle East, data from the Major Energies Marketers Association of Nigeria (MEMAN) has shown that a litre of imported petrol is about N64 cheaper than the one produced by the...

Dangote Refinery Slashes Gantry Petrol Price to N828/Litre

Dangote Refinery Slashes Gantry Petrol Price to N828/Litre   The Dangote Petroleum Refinery has reduced the gantry price of its Premium Motor Spirit, PMS, also known as petrol to N828 per litre from N877 per litre, indicating a decrease of 5.6 per cent. The move comes despite...

Amidst Price Hike, Imported Petrol Landing Cost Drops to N840/Litre

Amidst Price Hike, Imported Petrol Landing Cost Drops to N840/Litre   The landing cost of imported premium motor spirit (petrol) has dropped marginally from N849.61 to N839.97 per litre. This was according to data from the Major Energies Marketers Association of Nigeria (MEMAN). In the energy bulletins released...

Electricity Challenges Stall e-vehicle Adoption in Nigeria

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition.

Marketers to Engage Dangote on Fuel Distribution Strategy

Marketers to Engage Dangote on Fuel Distribution Strategy   Members of the Major Energies Marketers Association of Nigeria (MEMAN) say they will discuss with the Dangote Petroleum Refinery to fully understand the implementation of its plan to supply directly to filling stations nationwide. The Executive Secretary of...